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Leases (Tables)
12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Summary of Right-of-Use Asset and Lease Liabilities Right-to-use asset and lease liabilities are as follows:

 

Operating Leases

 

As on December 31, 2024

 

 

As on December 31, 2023

 

Right-to-use assets, net

 

$

8,806

 

 

$

6,603

 

Current liabilities

 

$

3,631

 

 

$

1,789

 

Non-Current liabilities

 

$

7,139

 

 

$

6,602

 

Schedule of Supplemental Information Related to Operating Leases

Supplemental information related to operating leases is as follows:

Particulars

 

During the year ended December 31, 2024

 

Long-term Operating lease cost

 

$

1,941

 

Other Short-term lease cost

 

$

1,463

 

Cash paid for amounts included in the measurement of lease liabilities

 

$

3,468

 

Right-to-use assets obtained in exchange for new operating lease liabilities

 

$

5,019

 

Weighted-average remaining lease term (years) — operating leases

 

 

3.74

 

Weighted-average discount rate — operating leases

 

 

6.5

%

Summary of Future Minimum Payments Under Operating Leases

Minimum lease obligations - Future minimum payments under all operating leases (including leases with a duration of one year or less) as of December 31, 2024 are as follows:

2025

 

$

4,207

 

2026

 

 

2,641

 

2027

 

 

2,477

 

2028

 

 

2,317

 

2029 and thereafter

 

 

397

 

Total undiscounted lease commitments

 

$

12,039

 

Less: Short-term leases and interest component

 

 

(1,269

)

Total discounted operating lease liabilities

 

$

10,770